filings.toolsItem 2. Unregistered Sales of Equity Securities and Use of Proceeds
2K characters. Original on sec.gov · Markdown
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
(c) The following table shows certain information relating to the Corporation’s purchases of common stock for the three months ended September 30, 2021.
TABLE 81: REPURCHASES OF COMMON STOCK
| PERIOD | TOTAL NUMBER OF SHARES PURCHASED | AVERAGE PRICE PAID PER SHARE | TOTAL NUMBER OF SHARES PURCHASED AS PART OF A PUBLICLY ANNOUNCED PLAN | MAXIMUM NUMBER OF SHARES THAT MAY YET BE PURCHASED UNDER THE PLAN | ||||||||||
| July 1 - 31, 2021 | — | $ | — | — | 5,202,847 | |||||||||
| August 1 - 31, 2021 | 546,672 | 116.56 | 546,672 | 4,656,175 | ||||||||||
| September 1 - 30, 2021 | 301,746 | 115.99 | 301,746 | 4,354,429 | ||||||||||
| Total (Third Quarter) | 848,418 | $ | 116.36 | 848,418 | 4,354,429 |
Repurchases were made pursuant to the repurchase program announced by the Corporation on July 17, 2018, under which the Corporation’s Board of Directors authorized the Corporation to repurchase up to 25.0 million shares of the Corporation’s common stock. On October 19, 2021, this program was terminated and replaced with a new repurchase program, under which the Corporation’s Board of Directors authorized the Corporation to repurchase up to 25.0 million shares of the Corporation’s common stock. The repurchase authorization approved by the Board of Directors has no expiration date, thus the Corporation retains the ability to repurchase when circumstances warrant and applicable regulation permits. Please refer to Note 11 — Stockholders’ Equity to the consolidated financial statements provided in Item 1. Consolidated Financial Statements (unaudited).
Previous: Item 4. Controls and Procedures · Next: Item 6. Exhibits